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 Home    1400 square meters boutique property (building) for investment

1400 square meters boutique property (building) for investment

Israel
For Sale
Antique
  • 629
  • 0
  • 20 Bedrooms
  • 20 Bathrooms
Chen Carmi
Chen Carmi
Contact Agent

Description

An ancient property in the old city of Acre:

From the times of the crusaders & the ottomans, built with stones  carved from the nearby reef, with stone arches & other architectural ancient construction elements, for restoration & renovation.

The Real Estate investment opportunity: 

Buying ancient property, developing it & make it  produce income from rent, short term leases or other.

Holding an asset that will gain much greater value with the time than any regular apartment or building, in a developing area.

More details:

About 20 rooms with yard & rooftops, total lot size of about 1400 square meters, many options for uses such as boutique hotel, boutique apartments complex, art & exhibition complex, students accommodation or vacation apartments complex.

This property was partly renovated by Israel land administration about 5 years ago, plumbing, water system, electrical plumbing, windows & doors were replaced, as a part of preparation for boutique hotel planning.

It’s better to open the pictures on a desktop.

 

Additional Information

Living rooms: 20

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